Property profile

3600 Marconi Ave Sacramento, CA 95821

FOR LEASE
Office buildings
Property ID
US09-3171713
144,000 SF 6.6 ac lot Built 1988
Individually Owned 27-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional executive office complex, located at 3600 Marconi Avenue in Sacramento, California, presents a unique investment opportunity. The property comprises four interconnected, two-story buildings totaling approximately 133,799 square feet, offering a minimum divisible space of 66,003 square feet and a maximum contiguous space of 67,796 square feet. Built in 1986 and extensively renovated in 2020, the property is currently fully vacant, providing immediate occupancy potential. The complex features two suites and boasts ample parking with a ratio of 3.74 spaces per 1,000 square feet. The building is equipped with a robust power system (1,600 amp, 480/277 volts, 3-phase, 4-wire) and elevators for convenient access. Its prime location in Sacramento County (zip code 95821) offers unparalleled convenience, situated within walking distance of the Country Club Plaza Mall and Del Paso Country Club, and just five miles northeast of downtown Sacramento. Easy access to Business 80 and I-80 ensures excellent regional connectivity. This property represents a rare chance to acquire a substantial, well-maintained office complex in a thriving California market. The property's size, modern amenities, and strategic location make it an ideal choice for a variety of businesses seeking a prestigious and functional workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 144,000 SF
Lot 6.6 ac (287,496 SF)
Zoning code BP
APN 269-0090-052-0000
UPID US09-3171713

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3600 Marconi Ave Sacramento, CA 95821
Sacramento metro Census 6002 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.36M
Blend (final) Blend
$13.36M

Owner & transaction history

since 1998
2 recorded transactions
1998
Price N/A
1998
$8.0M

Zoning & alternative use

BP · Sacramento, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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